quote:

ORIGINAL: Yachtie

ECON analysis - BUT NOT FOR TAZZY. It's via ZH.

Foodstamp Recipients Hit Record, Alongside Record Dow Jones And Record Debt: 20% Of Eligible Americans On EBT

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DEFICIT

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If Clinton paid down the public DEBT.....how in Gods name did it RISE in each year of his Presidency?

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ORIGINAL: thompsonx

quote:

ORIGINAL: Yachtie

ECON analysis - BUT NOT FOR TAZZY. It's via ZH.

Foodstamp Recipients Hit Record, Alongside Record Dow Jones And Record Debt: 20% Of Eligible Americans On EBT

Any Idea why food stamps are administered by the ag dept. and not the welfare dept?

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ORIGINAL: DesideriScuri

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ORIGINAL: LookieNoNookie

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ORIGINAL: plesto

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ORIGINAL: LookieNoNookie

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ORIGINAL: plesto

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Most of the more recent jobs that have been lost have been in the govt. sector.

The point I replying to. Their point implied that the unemployment came down due to your Government adding people to its payroll.

Well, you should probably first learn sentence structure. "Their" point was actually a singular persons point and "his" point was that the unemployment figures are, were, and remain....bullshit.
"My" government....is in fact....your government and "OUR" government is a bunch of lying sacks...and once you figure that out (as well as sentence structure), feel free to, once again, join the conversation.

1) My sentence structure has nothing to do with this conversation, you're just nit picking, I wrote that reply quickly and I didn't check for the numerous errors I made. Get off your high horse.
2) I didn't realise the UK was now in the USA, thank you for updating me that my country now has a president in the form of Obama.
3) Telling people with poor sentence structure that they cannot join a conversation, go easy on the little power trip you are currently having.

I don't recall saying (or for that matter, even ever having been taught) that the UK was part of the USA. And as best as I can tell, Obama is the President of the United States, not the UK.

Lookie, apparently, Plesto isn't a citizen of the US. So, when you altered his statement from "your government" to "our government" (Post#53), you made the incorrect assumption that he was a US citizen.

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ORIGINAL: thompsonx

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ORIGINAL: cuckoldmepls

I seriously doubt the real unemployment rate is dropping. It's more likely people are moving back in with family members & falling off the unemployment rolls.

Have you had to move back in with your family?
If not then why do you assume that others have?

Because housing statistics have covered this point extensively for the last 5 years.

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ORIGINAL: thompsonx

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ORIGINAL: LookieNoNookie

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ORIGINAL: cuckoldmepls

I seriously doubt the real unemployment rate is dropping. It's more likely people are moving back in with family members & falling off the unemployment rolls. You saw how they manipulated the data right before the election right? That's what it's all about folks. Making you think that the economy is improving even though we are descending into a 3rd world nation.

You should also keep in mind that they spent $6 trillion more than we had, to keep the economy dependent on gov jobs & jobs that depend on gov spending both of which are a liability for the long term. By the time Obama is finished he will have doubled the national debt from $10 trillion to $20 trillion in 8 yrs. That's not progress folks.

Cuck....PUHLEASE!!!!!!! Stop using sensible thinking!!!!!!

You're gonna fuck people up here.

Why am I not surprised at your support for this moronic post.

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ORIGINAL: tazzygirl

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DEFICIT

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If Clinton paid down the public DEBT.....how in Gods name did it RISE in each year of his Presidency?

Public debt increases or decreases as a result of the annual unified budget deficit or surplus

The federal government budget deficit or surplus is the difference between government receipts and spending, ignoring intra-governmental transfers. However, some spending that is excluded from the deficit (supplemental appropriations) also adds to the debt.

Please do try to understand the terms other people are using.

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ORIGINAL: Yachtie

Have some more swill ...


The key dynamics here are debt saturation and diminishing returns: piling on more debt (i.e. borrowing more money) to stimulate spending only leads to fantastic excesses of speculation and mal-investment: $70,000 biopsies, $200 million fighter aircraft, $200,000 bachelor's degrees, McMansions in the middle of nowhere, and so on.

The central banks are attempting to nullify the cycle of credit expansion and destruction by buying much of the sovereign debt being issued by profligate, hopelessly insolvent governments. Left to the open market, interest rates would rise as the risk of massive debt expansion becomes undeniable.

Eventually, higher rates would pinch off borrowing or trigger default.

The central banks are playing an unprecedented game: suppressing interest rates by expanding their balance sheets, i.e. creating money, and buying vast quantities of government bonds.

This has given government leaders a free hand to keep borrowing more to avoid any politically painful limits on substituting debt for tax revenues. The expansion of central bank balance sheets is apparently painless and apparently consequence-free. So what if the Fed expands its balance sheet from $3 trillion to $30 trillion as it enables the debt-junkies to keep borrowing without limits?

Is pushing consequence forward the same as eliminating consequence? We will find out at some point in the near future: perhaps 2015, perhaps 2021.

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ORIGINAL: LookieNoNookie

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ORIGINAL: tazzygirl

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DEFICIT

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If Clinton paid down the public DEBT.....how in Gods name did it RISE in each year of his Presidency?

Public debt increases or decreases as a result of the annual unified budget deficit or surplus
The federal government budget deficit or surplus is the difference between government receipts and spending, ignoring intra-governmental transfers. However, some spending that is excluded from the deficit (supplemental appropriations) also adds to the debt.
Please do try to understand the terms other people are using.

Well.....son of a bitch....bring on the new keg then....I've misunderstood basic economics for the last 40+ years it would seem.
Thanks for explaining how negative income pays down (any) debt.
Amazing stuff....

• A Conservative interpretation of the US Constitution
  
• Personal Responsibility
  
• Help for the truly needy
  
• Limited Government
  
• Consumption Tax (non-profit charities and food exempt)